Is LinkedIn's IPO Bad for America?

LinkedIn's public offering yesterday got a lot of buzz. Its shares surged over 90 percent on their first morning of trading and hit nearly $87 apiece after opening at $45. Today the shares are trading around $100. That's good news for the investors who got in early and good news for the company, but is [...]

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IPOScoop.com submits:
First, the bad news: The stock market has taken a few body blows over the last five weeks. The three popular indexes have lost on average 4.9% since the end of April. Now for the good news: Leadership is emerging in the IPO market. It’s in specialty technology.
Consider this trend.
The Present

Tom Lydon submits:
It’s not just LinkedIn (NYSE: LNKD), but initial public offerings (IPOs) are hot right now, as two large companies – Pandora and Groupon – are planning to offer stock to the public. The IPO related exchange traded fund (ETF) could be poised to react to this action.